Significant Volume Observed In (NYSE: AYI)

Acuity Brands, Inc. (NYSE: AYI): fell by 8.37% or $-5.33/share to $58.32. In the past year, the shares have traded as low as $33.13 and as high as $64.82. On average, 323565 shares of AYI exchange hands on a given day and today's volume is recorded at 682614. The shares are currently trading below the 50-day moving average but above the 200-day moving average. The stock may be range bound between these two levels where the 50-day moving average of $62.43 represents resistance and the 200-day moving average of $52.44 would be an area of support.